Articles by admin

Renault’s board has adjourned a meeting to examine the merger proposal pitched last week by Fiat Chrysler until Wednesday afternoon, the French carmaker said.

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U.S. Federal Reserve Chairman Jerome Powell said on Tuesday the central bank will “act as appropriate” in response to risks posed by a trade war, remarks that may open the door to the possibility of a rate cut.

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Two app developers on Tuesday sued Apple Inc over its App Store practices, making claims similar to those in a lawsuit brought by consumers that the U.S. Supreme Court recently allowed to proceed.

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U.S. stocks rose on Tuesday, led by a rebound in the technology sector, as Federal Reserve Chair Jerome Powell said the central bank would act “as appropriate” to trade war risks, leaving the door open for a possible rate cut.

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Nigel Farage, the leader of the UK’s Brexit party, arrived at the U.S. ambassador’s residence in London where President Donald Trump is staying during his state visit to Britain, a Reuters photographer at the scene said.

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U.S. President Donald Trump on Tuesday promised Britain a “phenomenal” post-Brexit trade deal, dismissed differences over China’s Huawei and glossed over other disagreements as he heaped praise on the United States’ closest ally.

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U.S. President Donald Trump said NATO allies had no choice but to increase their military spending, repeating his demand that all those in the alliance meet the target of spending 2% of GDP a year on defense.

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Thousands of people protested in central London on Tuesday against U.S. President Donald Trump’s pomp-laden state visit to Britain, but numbers were well down on the tens of thousands who gathered to oppose his visit last year.

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U.S. President Donald Trump said on Tuesday he had decided not to meet opposition Labour leader Jeremy Corbyn on his trip to Britain, describing him as a “negative force”.

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British Prime Minister Theresa May probably has not got the credit she deserved for negotiating a Brexit deal with the European Union, U.S. President Donald Trump said on Tuesday, after May joked about Trump’s advice on the topic.

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U.S. stocks rose on Tuesday, led by a rebound in the battered technology sector, as Federal Reserve Chair Jerome Powell’s said the central bank would act “as appropriate” to trade war risks, leaving the door open for a possible rate cut.

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New orders for U.S.-made goods fell in April and shipments dropped by the most in two years, indicating continued weakness in manufacturing activity that could undercut the broader economy.

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The Federal Reserve will respond “as appropriate” to the risks posed by a global trade war and other recent developments, Fed Chairman Jerome Powell said on Tuesday in remarks that seemed to open the door to the possibility of a rate cut.

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New orders for U.S.-made goods fell in April and shipments dropped by the most in two years, indicating continued weakness in manufacturing activity that could undercut the broader economy.

…read more […]

The Federal Reserve will respond “as appropriate” to the risks posed by a global trade war and other recent developments, Fed Chairman Jerome Powell said on Tuesday in remarks that seemed to open the door to the possibility of a rate cut.

…read more […]